Venezuela Bondholders Select Adviser for Debt Negotiations

Venezuela's bondholders have appointed Houlihan Lokey as their adviser, indicating readiness to engage in discussions concerning approximately $60 billion in defaulted debt. Bloomberg posted on X, highlighting the move as a significant step towards addressing the financial challenges following the capture of Nicolas Maduro. The selection of Houlihan Lokey suggests that bondholders are preparing for potential negotiations to resolve the outstanding debt issues. This development marks a critical moment in Venezuela's ongoing economic situation, as stakeholders seek to find a resolution to the defaulted bonds.